Thursday, Sept 26: Traders Watching J.C. Penney

This transcript has been automatically generated and may not be 100% accurate.

... the the ... you know what what I think it's interesting is J C Penney this is one of these hedge fund favorite stocks that is just on terribly this year ... down about fifty percent for the year is to another seven percent in premarket trading ... ALM ... that no new news today but yesterday the Wall Street Journal said that there's think about barring to get the Christmas ... Wall Street banks for using ... the a to B word he was just a deflected the main thing I see ... no investor likes to hear that even if it's just speculation ... ah so that stock is having another top tier sport ... what else we got them a bath beyond ... and that can be as interesting and because they have kind of ... up to the lower end of their earnings forecasts yesterday on a lot of folks in the sector may be to scare when there's a story circulating that that that that Walmart ... was going to be cutting back on its borders because it if you think a lot essentially ... a while while Wal-Mart came out and actually said it's not true ... in here you can get deadly on saying actually things are just great with razor forecasts the means of Zynga varied the story and did did the retell is that this this one yet given us achieve one from the it's the it's well ... yes yes of Hertz is coming going the other direction they cut their forecasts fairly people are renting cars of the rate they are hoping for ... ah so that stock oh well I guess is now down about eleven percent premarket awesome folks on the scene didn't like ... effect from the inside ... in Britain thank you so much to time that